AJ Greentech & Dalei Auto Group Will Collectively Manufacture New Energy & Energy Efficient Vehicle Components in China & the...
24 Febrero 2014 - 7:37AM
Marketwired
AJ Greentech and Dalei Auto Group Will Collectively Manufacture New
Energy and Energy Efficient Vehicle Components in China and the
United States to Generate and Promote Higher Standards of Energy
Efficiency and New Energy Transportation Internationally
NEW YORK, NY and SHENZHEN, CHINA--(Marketwired - Feb 24, 2014) -
AJ Greentech Holdings, Ltd. (OTCQB: AJGH), a leading developer,
manufacturer and distributor of green energy, announced today that
it has reached a manufacturing agreement with Dalei Auto Group, an
industry leader in the field of motor vehicle research and
development, which has led to it being the recipient of the
National Science and Technology Progress Award in the area of auto
detection.
Per the agreement, AJ and Dalei Auto Group will jointly design
and manufacture new energy and energy efficient vehicle components.
With the strong backgrounds of both companies in R&D, the
combined resources will allow for pioneering innovation in
automobiles that are environmentally friendly and still function at
a high value. The new energy technology will not only add an extra
layer in the field of renewable application, it will also change
the way the automobile industry is heading. Both parties agree that
this joint venture is in the best interests of their respective
companies, the field of renewable science, and the world.
Ms. Chu Li An, Chief Executive Officer, commented, "We are
pleased to be working with Dalei Auto Group on this endeavor. We
believe that the strong technology background of Dalei combined
with the market presence and research capabilities of AJ Greentech
will give us an incomparable advantage in the field of green
technology. This project is not only compliant with US government
policy initiatives in the area of green technologies, it will
simply revolutionize the field."
About Dalei Auto Group: Dalei Group is one of the biggest
manufacturers and suppliers of motor vehicle detection equipment,
computer control systems and industry software products in China.
The only national company won National Science and Technology
Progress Award in auto detection industry. Since 1989, Dalei has
established many national and provincial auto detection stations
which total more than 10,000. Dalei has participated in the setting
of industry and national standards. The detection and maintenance
products manufactured by Dalei have won more than ten national
patents and computer software copyrights. Those products have been
recommended by the transport and police ministry. The company is
comprised of a 40-person R&D team, made up of industry experts
and high level engineers. Additional information about the company
is available at: www.daleigroup.com
About AJ Greentech Holdings: AJ Greentech Holdings is a
full-service environmental technologies and R&D firm dedicated
to providing innovative solutions to communities, industry and
governments addressing issues of green energy, environmental
protection and sustainability. It offers innovative solutions for
Green Transportation, Green Energy and Sustainability. It
integrates its own native advanced technologies along with
third-party technologies and systems to provide its customers with
the most effective and economical solutions. Additional information
about the company is available at: www.ajgreentech.com.
Forward-Looking Statements: This release contains certain
"forward-looking statements" relating to the business of the
Company. These forward-looking statements are often identified by
the use of forward-looking terminology such as "believes,"
"expects" or similar expressions. Such forward-looking statements
involve known and unknown risks and uncertainties that may cause
actual results to be materially different from those described
herein as anticipated, believed, estimated or expected. Investors
should not place undue reliance on these forward-looking
statements, which speak only as of the date of this press release.
The Company's actual results could differ materially from those
anticipated in these forward-looking statements as a result of a
variety of factors, including those discussed in the Company's
periodic reports that are filed with the Securities and Exchange
Commission and available on its website (www.sec.gov). All
forward-looking statements attributable to the Company or to
persons acting on its behalf are expressly qualified in their
entirety by these factors other than as required under the
securities laws. The Company does not assume a duty to update these
forward-looking statements.
US CONTACT INFO: AJ Greentech Holdings, Ltd. NEWS RELEASE
DEPARTMENT 718-395-8706
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